They are already attempting a raise.
It should be enough. Remember the $3 mill in deferred revenue becomes cas inflow once used by the purchaser.
An unusual business model that hurt them badly when the pandemic hit and the travellers couldn't use their quotas so it became a debt to the company.
But in normal times, the higher the deferred liability the greater the future cash inflows.
Milesy
Ann: Half Yearly Report and Accounts, page-13
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Last
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Mkt cap ! $17.94M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 152173 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.4¢ | 59389 | 1 |
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| Last trade - 13.36pm 14/05/2024 (20 minute delay) ? |
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Change
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| Open | High | Low | Volume | ||
| 2.4¢ | 2.4¢ | 2.4¢ | 32100 | ||
| Last updated 13.36pm 14/05/2024 ? | |||||
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